monday gaps ho, page-9

Hiya Rinnac

As a couple of traders here will atest, often enough the gap will mince up a current position held, and it can be frustrating to be stopped out on a gap particularly when the thing might end up being filled later.

Personally this has not hit me yet as i am not that great at holding longer term positions... However I would suggest that if one has an LT position which has been affected negatively by a gap, then there is a fair chance that that negativity is going to go away when/if the gap gets filled.

By no means advice, but a suggestion would be that if one is holding a longer term position based on a longer term trend and the monday gap hurts you, try trading the gap to aid your position.

Possibly also consider closing position/removing stops prior to saturday's close thogh that suggestion is DEFINATELY NOT ADVISE and is just an idea.

Re does the gap continue with the LT trend...

generally yes I think it does but as stated before often enough the gap close will see a quick reverse and this can be a heart starter

As an example of the continuation of the trend after teh gap fill, see the USDCHF from two weeks ago.

BUT it all depends on what you see as the longer term trend :))))

;)